MarketSnacks Daily

Quick, clear, and fun. Hosts Jack Kramer and Nick Martell filter out the noise to break down the daily digestible business stories you'll actually care about. Get informed (and enjoy it) in under 20 minutes with the MarketSnacks Daily.

Quick, clear, and fun. Hosts Jack Kramer and Nick Martell filter out the noise to break down the daily digestible business stories you'll actually care about. Get informed (and enjoy it) in under 20 minutes with the MarketSnacks Daily.

Quick, clear, and fun. Hosts Jack Kramer and Nick Martell filter out the noise to break down the daily digestible business stories you'll actually care about. Get informed (and enjoy it) in under 20 minutes with the MarketSnacks Daily.

Marlboro-maker Altria is expected to spend a cool $13B on vaping leader Juul because cigarettes are dying -- now Juul’s worth $38B. General Mills had its best day because of its strategic investment in Millennial dog food. And the Fed raised interest rates again and that’s big (we’ll explain).

Meditation apps Calm and Headspace are dominating the mindfulness trend by vowing to destroy each other. The first 5G network comes out Friday and AT&T can’t wait to nag you about it forever. Our generation gets hate for replacing corporate furniture with standing desks and open offices -- And Steelcase is the office furniture phenom that just figured it all out.

OrangeTheory launches popup gyms across fancy hotels to create an Influencer-packed spin class. Amazon’s got an internal term that it’s using to bully other brands unprofitable “CRaP.” And Big Oil just backed the first carbon tax that will actually pay you money.

Louis Vuitton Moet Hennessy (LVMH) is the French luxury brand that just treated itself to a $3.2B hotel chain: Belmond. The augmented reality (AR) artist behind Pokemon Go is Silicon Valley’s Niantic -- and it just raised $200M so it can make you a Harry Potter AR game. And Johnson & Johnson dragged down markets by falling 10% because it turns out it knew its baby powder could kill people.

Under Armour can put on as much sweat-wicking gear as it wants, but it couldn’t save the annual shareholder meeting in Baltimore. Germany’s 2 biggest banks might partner up in the biggest way. And Men’s Wearhouse dropped 26% because it’s really bad at stitching things together.

Boston-based Drizly’s the world’s largest alcohol marketplace, and its top-shelf liquor law disruptive methods earned another $34.5M in venture funding. Morgan Stanley was just selected to lead Uber’s IPO, but there’s a problem for other big banks. And Dollar General’s anti-recession strategy is blowing its store chain past McDonald’s (and Starbucks).

E-Scooter unicorns Bird and Lime get devalued from their $4B aspirations because winter came (and investors weren’t ready for the cold). Your ski game costs may jump again because GoPro won’t sell US GoPros in China anymore. And an epic data report reveals how Hedge Funds pay to track your location you -- and making $$ on it.

Apple just bought London-based startup Platoon to track down its future roster of musicians. Vail Resorts’ investors are bummed it needs to spend so much on snow. And Uber & Lyft both started their IPO countdown because they might not have much time to get it done.

We’re calling it: The Trade War’s beginning to look like a Cold War. Lululemon’s found itself in 2018 -- The stock’s up 70% this year, even though its latest earnings had no chill. And our “Newbie of the Day” is Firefly, which just raised $21M in a seed round to innovate billboard ads on top of your Uber.

Pizza Hut’s the younger sibling in the Yum Brands fast food family, so it’s buying a delivery software company for attention. VW and Ford are bunking up in each other’s factories. And FedEx and UPS faced haters because Amazon just bought 40 delivery planes, but that hasn’t hurt them yet.

Canadian pot icon Cronos surged 11% on word its received an acquisition offer from Marlboro-owning American cigarette legend Altria. Millennial mortgage pioneer SoFi’s firing 7% of its workers because of a competitor in Detroit. And we’ll explain why the Trade War “truce” needs air-quotes.

Pabst Blue Ribbon settled a lawsuit with MolsonCoors that revealed PBR isn’t the PBR you know. Marriott just completed the worst acquisition ever, and then suffered the worst hack ever. And Microsoft stock has tripled since its CEO took over -- There’s one reason it just passed rival Apple’s valuation.

Sure, Abercrombie’s stock surged 20%, but we’re way more interested in the drama behind J. Crew’s 10% sales pop. Airbnb’s unleashing a new feature to make the perfect Airbnb rental spot and they’re calling it “Backyard.” And our “Unicorn of the Day” is Asana, which just raised $50M to hit a $1.5B valuation.

The “Seamless for pot delivery,” Eaze just snagged $65M to go nationwide -- and it may be the best positioned pot company out there without owning any pot. Tiffany’s shares fell 12% and it’s blaming Chinese tourists. And 2 words from the Fed Chairman gave stocks their best day in 9 months.

Venmo was shocked when fraud issues surged to cost it $40M in a single quarter. GM’s closing 7 plants and firing 15K and it’s blaming you. And Amazon already won Cyber Monday, but we’re more interested in the innovation it’s doing to its boxes and the ad industry (FYI, advertising will become its most profitable biz in 3 years).